4//SEC Filing
McDermott Edward Aloysious III 4
Accession 0001981212-25-000002
CIK 0001848416other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 7:41 PM ET
Size
13.9 KB
Accession
0001981212-25-000002
Insider Transaction Report
Form 4
McDermott Edward Aloysious III
Chief Operating Officer
Transactions
- Sale
Class A Subordinate Voting Shares
2025-03-10$0.65/sh−7,692$5,001→ 135,634 total - Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+30,767→ 127,405 total - Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+15,921→ 143,326 total - Exercise/Conversion
Restricted Stock Units
2025-03-07−24,307→ 244,745 totalExercise: $0.00→ Class A Subordinate Voting Shares (24,307 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-07−46,972→ 269,052 totalExercise: $0.00→ Class A Subordinate Voting Shares (46,972 underlying)
Footnotes (7)
- [F1]This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- [F2]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2023. All shares were sold at a price of $0.6501.
- [F3]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
- [F4]The restricted stock units disposed in this transaction settled on March 7, 2025.
- [F5]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 30,767 Class A subordinate voting shares.
- [F6]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on September 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
- [F7]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 15,921 Class A subordinate voting shares.
Documents
Issuer
Verano Holdings Corp.
CIK 0001848416
Entity typeother
Related Parties
1- filerCIK 0001981212
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 7:41 PM ET
- Size
- 13.9 KB